Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Stablecoin Development Corp: Reduced quorum requirement for stockholders' meetings from majority to one-third of voting power (effective 2023-06-13).
- Change
- bylaw amendment
- Effective
- 2023-06-13
Exact text from the filing
On June 13, 2023, the Board of Directors of NovaBay Pharmaceuticals, Inc. (the “Company”) approved an amendment to Article III, Section 8 of its Bylaws, as amended and restated, changing the Company’s stockholders’ meeting quorum requirement from “the holders of a majority of the voting power of all of the outstanding shares of stock entitled to vote” to “the holders of 1/3 of the voting power of all of the outstanding shares of stock entitled to vote”.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
Stablecoin Development Corp shareholders approved To ratify the appointment by the Company's Audit Committee of WithumSmith+Brown, PC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-06-09 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-06-09
Exact text from the filing
To ratify the appointment by the Company's Audit Committee of WithumSmith+Brown, PC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
Stablecoin Development Corp shareholders approved To elect the two (2) Class I directors nominated by the Company's Board of Directors to hold office for a term of three (3) years or until their respective successors are elected and qualified. at the 2023-06-09 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-06-09
Exact text from the filing
On June 9, 2023, the Company held its 2023 Annual Meeting, at which the Company's stockholders voted on three (3) proposals, each of which is described in more detail in the Company's proxy statement filed with the Securities and Exchange Commission on May 18, 2023.
View on SEC.gov